Govt moves to clear the way for build-to-rent

Govt moves to clear the way for build-to-rent
Simplicity Living's Ascot development. (Image: Simplicity)
Brent Melville
Amendments to the Overseas Investment Act will be a key part of streamlining the consent pathway for build-to-rent developments, according to housing and associate finance minister Chris Bishop.Bishop announced on Thursday that cabinet had agreed to make changes to a complex law that was "holding the build-to-rent sector back".He said while the government would retain the ban on overseas investment into existing residential housing and land, changes were needed to assist with adding to housing supply.Build-to-rent (BTR), a form of ren...

More Property

'Trusted' builders to certify their own work
Property

'Trusted' builders to certify their own work

The changes are the latest in the Government's moves to make building more efficient.

RoofBuddy founder's previous venture was liquidated
Property

RoofBuddy founder's previous venture was liquidated

RoofBuddy sponsors the New Zealand Warriors NRLW franchise.

Gregor Thompson 24 Apr 2025
JLL to close debt advisory unit
Property

JLL to close debt advisory unit

Global commercial real estate firm Jones Lang LaSalle (JLL) is offshoring its debt advisory division, a month after it announced it would downsize its New Zealand footprint.  The Australian Financial Review (AFR) reported on Tuesday evening that JLL is closing its Australian and...

Gregor Thompson 23 Apr 2025
Damien Grant 'stacked creditor vote', US lender claims
Property

Damien Grant 'stacked creditor vote', US lender claims

Ormiston Rise funder Arena is taking court action to have the liquidator removed.

Maria Slade 23 Apr 2025